Technological effect on increased unemployment rate, simple way out.

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I was watching television yesterday, when I saw an invention of a self-driving car,which means humans will face extinction in that particular field.

Don't forget it's a machine (car) that is being run on a software,what about if the software was hacked or was corrupted what to you think will happen to the passengers?

Tech will render people jobless in the long run.

That was the statement of a friend when we were engaged in a discussion about "future of work and present unemployment problem".

My response was that,technology improves business productivity than man power and It cuts cost of production.

Truly,tech will make some people jobless because it will make some jobs go into extinction.

Yet,Tech creates new jobs with new ways of doing it. It changes the narrative of how works are being done.

Technology will surely make some businesses go into extinction, but some will continue to wax stronger because they are flexible enough to quickly adopt new technologies into their business model.

Your business shouldn't go into extinction!

Kindly share your thoughts in the comment box.

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